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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.08%
New listings on Bitget: Pi Network
BTC/USDT$83771.36 (-1.46%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.08%
New listings on Bitget: Pi Network
BTC/USDT$83771.36 (-1.46%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OVO
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of OVO(OVO) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 OVO at a value of 1 OVO for 0.00 QAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
QAR information
About Qatari Rial (QAR)
The Qatari Rial (QAR), introduced in 1973, is more than just the official currency of Qatar; it is a testament to the nation's economic growth, wealth, and cultural heritage. It is commonly abbreviated as QAR and represented by the symbol ر.ق. Emerging after Qatar gained independence from the British, the Rial replaced the Qatar and Dubai Riyal and marked a new chapter in the country's burgeoning financial landscape.
Historical Background
The introduction of the Qatari Rial was a crucial step in Qatar's journey towards economic self-sufficiency and sovereignty. The currency's establishment coincided with the rapid development of Qatar's oil and gas sectors, propelling the nation into economic prominence. The Rial symbolized not only a new monetary system but also Qatar's emergence as a significant player in the global economy.
Design and Symbolism
The design of the Qatari Rial is a reflection of Qatar's rich history and cultural identity. Banknotes feature imagery of the Qatari flag, traditional dhow boats, and prominent landmarks like the Museum of Islamic Art. These designs serve not only as a medium for financial transactions but also as symbols of Qatar's blend of tradition and modernity, showcasing its journey from a pearling economy to a global energy powerhouse.
Economic Role
The Qatari Rial plays a central role in the nation’s economy, underpinned by one of the world’s largest reserves of oil and natural gas. The currency is instrumental in facilitating trade, both domestically and internationally, and supports various sectors including finance, construction, and a growing service industry.
Monetary Policy and Stability
Managed by the Qatar Central Bank, the Rial is pegged to the US Dollar, reflecting the economic relationship between Qatar and the United States, particularly in the oil sector. This peg provides stability to the Rial, crucial in an economy heavily reliant on hydrocarbon exports, and helps to manage inflation.
International Trade and the Qatari Rial
The stability of the Qatari Rial is vital in international trade, particularly for Qatar's exports of liquefied natural gas (LNG) and petroleum products. A stable Rial is essential for maintaining competitive pricing in global markets and for attracting foreign investment in various sectors.
Bitget crypto-to-fiat exchange data shows that the most popular OVO currency pair is the OVO to QAR, with for OVO's currency code being OVO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
OVO to QAR conversion rate trend
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In the past 1D, OVO has changed +0.40% to QAR. Based on the trend and price charts, OVO(OVO) has changed +0.40% to QAR while Qatari Rial(QAR) has changed % to OVO in the last 24 hours.
OVO to QAR market statistics
OVO/QAR:
ر.ق 0.0008226
OVO 24h volume:
ر.ق 130,507.26
OVO market cap:
--
OVO circulating supply:
0 OVO
More info about OVO on Bitget
Current OVO to QAR exchange rate
OVO to Qatari Rial is rising this week.OVO's current market price is ر.ق 0.0008226 per OVO, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- OVO. The trading volume of OVO has changed by +0.52% (ر.ق 680.55 QAR) in the last 24 hours. Last trading day, OVO's trading volume was ر.ق 129,826.71.
OVO to QAR Conversion tables
The exchange rate of OVO is increasing.1 OVO is currently valued at ر.ق 0.0008226 QAR , which means buying 5 OVO will cost ر.ق 0.004113 QAR . Similarly, ر.ق1 QAR can be traded for 1,215.63 OVO, and ر.ق50 QAR can be converted to 60,781.61 OVO, excluding any platform or gas fees.
The exchange rate of 1 OVO to Qatari Rial has changed by +3.98% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.40%, reaching a high of 0.0008309 QAR and a low of 0.0008186 QAR . One month ago, the value of 1 OVO was ر.ق 0.0007926 QAR , which represents a +3.78% change from its current value. Over the last year, OVO has changed by , resulting in a change of -93.49% in its value.
-ر.ق
0.01182QAROVO to QAR
Amount
09:39 am today
0.5 OVO
ر.ق0.0004113
1 OVO
ر.ق0.0008226
5 OVO
ر.ق0.004113
10 OVO
ر.ق0.008226
50 OVO
ر.ق0.04113
100 OVO
ر.ق0.08226
500 OVO
ر.ق0.4113
1000 OVO
ر.ق0.8226
QAR to OVO
Amount09:39 am today
0.5QAR607.82 OVO
1QAR1,215.63 OVO
5QAR6,078.16 OVO
10QAR12,156.32 OVO
50QAR60,781.61 OVO
100QAR121,563.22 OVO
500QAR607,816.1 OVO
1000QAR1,215,632.2 OVO
OVO to QAR Today vs. 24 hours ago
| Amount | 09:39 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OVO | ر.ق0.0004113 | ر.ق0.0004097 | +0.40% |
| 1 OVO | ر.ق0.0008226 | ر.ق0.0008194 | +0.40% |
| 5 OVO | ر.ق0.004113 | ر.ق0.004097 | +0.40% |
| 10 OVO | ر.ق0.008226 | ر.ق0.008194 | +0.40% |
| 50 OVO | ر.ق0.04113 | ر.ق0.04097 | +0.40% |
| 100 OVO | ر.ق0.08226 | ر.ق0.08194 | +0.40% |
| 500 OVO | ر.ق0.4113 | ر.ق0.4097 | +0.40% |
| 1000 OVO | ر.ق0.8226 | ر.ق0.8194 | +0.40% |
OVO to QAR Today vs. 1 month ago
| Amount | 09:39 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OVO | ر.ق0.0004113 | ر.ق0.0003963 | +3.78% |
| 1 OVO | ر.ق0.0008226 | ر.ق0.0007926 | +3.78% |
| 5 OVO | ر.ق0.004113 | ر.ق0.003963 | +3.78% |
| 10 OVO | ر.ق0.008226 | ر.ق0.007926 | +3.78% |
| 50 OVO | ر.ق0.04113 | ر.ق0.03963 | +3.78% |
| 100 OVO | ر.ق0.08226 | ر.ق0.07926 | +3.78% |
| 500 OVO | ر.ق0.4113 | ر.ق0.3963 | +3.78% |
| 1000 OVO | ر.ق0.8226 | ر.ق0.7926 | +3.78% |
OVO to QAR Today vs. 1 year ago
| Amount | 09:39 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OVO | ر.ق0.0004113 | ر.ق0.006319 | -93.49% |
| 1 OVO | ر.ق0.0008226 | ر.ق0.01264 | -93.49% |
| 5 OVO | ر.ق0.004113 | ر.ق0.06319 | -93.49% |
| 10 OVO | ر.ق0.008226 | ر.ق0.1264 | -93.49% |
| 50 OVO | ر.ق0.04113 | ر.ق0.6319 | -93.49% |
| 100 OVO | ر.ق0.08226 | ر.ق1.26 | -93.49% |
| 500 OVO | ر.ق0.4113 | ر.ق6.32 | -93.49% |
| 1000 OVO | ر.ق0.8226 | ر.ق12.64 | -93.49% |
How to convert OVO to QAR
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Convert OVO to QAR
Use a variety of payment options to buy OVO on Bitget. We'll show you how.
Buy OVO (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of OVO with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy OVO with USDT via Bitget spot market.
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|---|
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Sell OVO (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of OVO to QAR. However, you can first exchange OVO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of OVO to QAR?
There are many factors that affect the relationship between OVO and Qatari Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of OVO/QAR. When there is positive news in the market about the widespread adoption of OVO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OVO/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OVO/QAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of OVO/QAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of OVO and adjust their investment strategies accordingly in the evolving market.
OVO price prediction
What will the price of OVO be in 2026?
Based on OVO's historical price performance prediction model, the price of OVO is projected to reach $0.0002357 in 2026.
What will the price of OVO be in 2031?
In 2031, the OVO price is expected to change by +41.00%. By the end of 2031, the OVO price is projected to reach $0.0005866, with a cumulative ROI of +157.94%.
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Popular OVO Converter
Check out these popular currency conversions of OVO to several fiat currencies.
OVO to TWD
1 OVO to NT$ 0.007498 TWD
OVO to QAR
1 OVO to ر.ق 0.0008226 QAR
OVO to CNY
1 OVO to ¥ 0.001647 CNY
OVO to USD
1 OVO to $ 0.0002257 USD
OVO to EUR
1 OVO to € 0.0002055 EUR
OVO to CAD
1 OVO to $ 0.0003195 CAD
OVO to KRW
1 OVO to ₩ 0.3304 KRW
OVO to JPY
1 OVO to ¥ 0.03324 JPY
OVO to GBP
1 OVO to £ 0.0001717 GBP
OVO to BRL
1 OVO to R$ 0.001283 BRL
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between OVO and QAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as OVO and QAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of OVO in QAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
